Company Information

Get to know up finances

Up is an Australian digital bank (neobank) that operates as a brand of Bendigo and Adelaide Bank. Launched in 2018, it was co-created by technology company Ferocia and Bendigo and Adelaide Bank to provide a mobile-first banking experience. Up's mission is to simplify money management for Australians through a feature-rich app that offers tools for automatic saving, spending categorization, and budgeting. In 2021, Ferocia was fully acquired by Bendigo and Adelaide Bank, solidifying Up's position within the established banking structure while maintaining its technology-focused approach.

Industry

Financial BankingPRIMARY
Financial Other Service

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up finances

France

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.